ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Ajinomoto stock hits record thanks to semiconductor material unit

Japanese foodmaker draws investors with diversified business portfolio

Best known for its namesake monosodium glutamate seasoning, Ajinomoto is branching into other fields like semiconductor materials.   © Reuters

TOKYO -- Japanese food and flavoring manufacturer Ajinomoto attained a record share price here Tuesday, as investors expressed a huge appetite for the company's semiconductor material business.

Ajinomoto gained 0.9% on the previous day to hit an intraday high of 4,357 yen ($31.46) before closing at 4,323 yen. The high beat the company's previous record of 4,350 yen, logged in March 1987.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more